Resource and Environment Working Group

Events

Document Library

Investment of Pension Funds in Reforestation and ForestryAuthor(s): Rodrigo Ibarra-Jarrín — Source: Self — Year Published: 2017Summary: This paper examines the feasibility of mitigating social and environmental problems through the implementation of reforestation and forestry investment programs for pension funds and social security systems. It addresses the issue of a rapidly growing unemployment rate, the collapse or deterioration of pension systems, global warming and other environmental consequences of economic activity. The presentation conducts the analysis by examining how these investment projects would impact the country´s responsible economic development, carbon footprint, employment situation, social security financing, among other key variables.

Demographics, Development, and Disasters - The Role of Insurance in Planning for the FutureAuthor(s): RADE MUSULIN, a member of the American Academy of Actuaries and an associate of the Casualty Actuarial Society. He has written extensively on public policy issues surrounding the funding of large natural disasters. — Source: American Academy of Actuaries — Year Published: 2014Summary: This article in part summarizes findings presented to the National Climate Change Adaptation Research Facility (NCCARF, sponsored by the Australian government) on how the insurance system can assist with climate change adaptation. The study had three main parts: - A summary of peer-reviewed literature on whether climate change signals are clearly detectable in insurance losses; - A review of various disaster pools around the world that may become involved in funding climate change mitigation; - A discussion of how the insurance system more generally can support climate change mitigation efforts.

Low Carbon Investments—Perspective of an institutional investorAuthor(s): Dr. Armin Sandhövel — Source: Allianz Climate Solutions— GmbH — Year Published: 2012Summary: These are copies of the slides used by presenters discussing low carbon investments from the perspective of an institutional investor at the 2nd Climate Change Summit for Asia's Insurance Industry.

Climate Change and Resource Depletion: The Challenges for Actuaries: Review of Literature 2011Author(s): I Allen,NG Aspinall,SD Baxter,OD Bettis,SJR Brimblecombe,FM Brofman,C Fitzgerald,Dr S Harrison,VJ Hodge, CC Jones,BP Maher,EH McNeill,PG Meins,A Mookerjee,G Morrison,N Niami,NG Silver,T Zalk — Source: Institute and Faculty of Actuaries — Year Published: 2011Summary: In the opening sections of the review we examine the themes of climate change and resource depletion and consider the impacts these issues may have for actuaries. Subsequently we review 21 papers on a range of topics and have organised them into six subject areas: Concepts; Current Status of Resources; Current Status of Climate Science; Economic Responses; Institutional Investment Issues; and Risk Management and Uncertainty. Each review provides a summary of the paper, a critique and then some consideration of the actuarial implications and the importance of the paper.

Product Carbon Footprints and Supply Chain InnovationAuthor(s): Jan Van Der Ven — Source: Carbon Trust, used at the 3rd CR+I Seminar — Year Published: 2011Summary: These were the slides used by the presenter to introduce the work of the Carbon Trust and explaining the origins and development of the Publicly Available Specification (PAS)2050.

Climate Change and Resource DepletionAuthor(s): Nico Aspinall and Hugh McNeill — Source: Institute and Faculty of Actuaries — Year Published: 2011Summary: These are copies of slides used by the presenters to discuss the challenge for actuaries, regarding climate change and resource depletion.

Climate Change and Resource Depletion: The Challenges for Actuaries: Review of Literature 2010Author(s): SD Baxter,OD Bettis,SJR Brimblecombe,C Fitzgerald,Dr S Harrison,VJ Hodge,BP Maher,PG Meins,A Mookerjee,L Perroy,NG Silver — Source: Institute and Faculty of Actuaries — Year Published: 2010Summary: Climate change and resource depletion are likely to result in unprecedented changes to the economic and social environment in which actuaries work. Whilst there is a mass of scientific and more general literature, the financial implications have received less attention. This review - the first in an ongoing series - aims to provide actuaries with summaries of papers relevant to their work and the significant risk management challenges they pose. The review considers a series of risks that could affect the assets, liaibilities and solvency of the world's financial institutions. Not only are there challenges; there are opportunities for actuaries. Our training in model building, interpreting stochastic model output, managing uncertainty and risk, in understanding the long term nature of assets and liabilities, the inter-generational transfer of wealth through the discount rate mechanism and deep understanding of insurance put us in an ideal position to contribute to the global policy debate.

The C-Roads Climate SimulationAuthor(s): Dr. John Sterman and Dr. Bob Corell — Source: AMS event — Year Published: 2009Summary: These are copies of the slides used by presenters to discuss greenhouse gas emissions reduction policies.

Climate and SustainabilityAuthor(s): University of Copenhagen — Source: — Year Published: 2009Summary: Past societies have reacted when they understood that their own activities were causing deleterious environmental change by controlling or modifying the offending activities. The scientific evidence has now become overwhelming that human activities, especially the combustion of fossil fuels, are influencing the climate in ways that threaten the well-being and continued development of human society. If humanity is to learn from history and to limit these threats, the time has come for stronger control of the human activities that are changing the fundamental conditions for life on Earth.
To decide on effective control measures, an understanding of how human activities are changing the climate, and of the implications of unchecked climate change, needs to be widespread among world and national leaders, as well as in the public.
The purpose of this report is to provide, for a broad range of audiences, an update of the newest understanding of climate change caused by human activities, the social and environmental implications of this change, and the options available for society to respond to the challenges posed by climate change.